Real Estate

April 8, 2021 @ 6:48 am By JD Alois  |  

Proptech platform LendInvest has announced the promotion of Jan Gallagher from Business Development Manager to Key Account Manager for LendInvest. According to LendInvest, Gallagher joined LendInvest as a Business Development Manager in 2019 with over 30 year’s experience to source deals across the North West… Read More

April 7, 2021 @ 5:04 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has obtained final judgment concluding the fraud case against real estate crowdfunding platform iFunding and defendant William C. Skelley. iFunding was an early entrant in the real estate crowdfunding market that issued securities under Reg D 506c, a new… Read More

April 7, 2021 @ 11:06 am By Samantha Hurst  |  

Obligo, a U.S.-based fintech startup that’s focused on the real estate market, announced on Wednesday has launched a lease renewal incentive program, which is designed for residential landlords to increase retention rates, minimize the cost of concessions and provide renters with immediate cash they can… Read More

April 5, 2021 @ 11:15 am By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Monday the launch of the Real Estate Opportunity Fund. According to YieldStreet, the Fund will provide investors exposure to opportunistic commercial real estate investments through a relationship with Harbor Group International (HGI),… Read More

April 5, 2021 @ 9:53 am By Omar Faridi  |  

The team at Properti,  a technology-driven real estate firm focused on modernizing residential properties in Europe, reveals that it remains focused on expanding its operations. Properti’s management noted: “As of April 1, 2021, we have expanded our team in the areas of marketing, business development,… Read More

April 3, 2021 @ 8:34 pm By Omar Faridi  |  

The team at UK-based Blend Network, an online P2P lender, notes that after a “short-lived” slowdown, the United Kingdom annual house price growth managed to recover with “renewed vigor” in February 2021. Blend Network writes in a blog post that January 2021 saw price growth… Read More

April 2, 2021 @ 7:48 am By Omar Faridi  |  

LendInvest has teamed up with Credit Kudos in order to improve the underwriting process via Open Banking. Through the partnership, LendInvest and Credit Kudos will aim to provide brokers and clients a more accessible and secure service. The initiative also aims to enable LendInvest with… Read More

March 31, 2021 @ 12:25 pm By JD Alois  |  

RealT, a US-based real estate investment platform, has chosen Bridge Protocol, the open-source asset tokenization technology by Switzerland-based Mt Pelerin to aid in its issuance of digital securities. RealT seeks to make access to property investments via tokenization. According to RealT, investors may participate in… Read More

March 30, 2021 @ 8:12 am By JD Alois  |  

LendInvest, a digital platform for property finance, has appointed top UK law firm Blacks Solicitors to its legal panel for its Buy-to-Let product.  Blacks Solicitors specializes in providing legal advice to owners, landlords, lenders, and tenants of commercial and residential properties. Blacks will join four… Read More

March 29, 2021 @ 11:06 am By Omar Faridi  |  

Property finance marketplace LendInvest has published a blog post in which it’s requesting people to support the company in certain Buy-to-Let, Bridging and Development Awards. LendInvest notes that it’s a busy award season in property lending. Like most years LendInvest has been recognized for its… Read More

March 29, 2021 @ 10:43 am By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday it has extended its Bitcoin cashback reward program to include MogoMortgage. Mogo reported that under the program its members who take out a new mortgage or refinance may earn up to $3,100 cashback deposited into… Read More

March 29, 2021 @ 8:11 am By Omar Faridi  |  

Andres Luts, Chief Credit Officer at EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, is responsible for managing the platform’s credit policy across several different European nations. Luts recently commented on how he approaches risk and how the platform assesses and evaluates borrowers. As noted… Read More

March 25, 2021 @ 8:25 am By Samantha Hurst  |  

    Maxwell, a U.S.-based digital mortgage and fulfillment platform for small to midsize mortgage lenders, announced on Thursday it raised $16.3 million Series B funding round led by Fin VC and TTV Capital with participation from Rotor Capital, The Mortgage Collaborative Emerging Technology Fund,… Read More

March 25, 2021 @ 7:05 am By Omar Faridi  |  

The global real estate fundraising activity weakened or slowed down significantly last year, according to a report from Pitchbook. Companies were, however, able to keep activity “steady” during H2 2020, but toward the end of the year, fund closings had “ground nearly to a halt,”… Read More

March 24, 2021 @ 10:43 am By Omar Faridi  |  

The Security Token Group (STG), which aims to support the development of blockchain-based security tokens, recently published their February edition of the Security Token Market Real Estate Report. The Security Token Group noted in a blog posted released on March 22, 2021 that as we… Read More

March 24, 2021 @ 8:51 am By JD Alois  |  

Property investment platform Brickowner reports that individual investors are poised to invest, on average £37,000 into property according to an in-house survey. Brickowner allows investors to invest in commercial and residential property for as low as £500. Investors purchase shares in a Nominee that then… Read More

March 23, 2021 @ 10:24 am By Samantha Hurst  |  

LenderClose, a U.S.-based proprietary, technology-focused lending platform, announced on Tuesday it secured $10 million through its Series B investment round, which included participation from Next Level Ventures, Ardent Credit Union, Strata Credit Union, Tucson Federal Credit Union, Collins Community Credit Union, Financial Plus Credit Union,… Read More

March 23, 2021 @ 9:43 am By Samantha Hurst  |  

  loanDepot.com, LLC, a subsidiary of loanDepot, Inc. (NYSE:LDI”), a U.S.-based retail nonbank mortgage lender, announced on Tuesday it has teamed up with home builder Schell Brothers to launch a new venture, Henlopen Mortgage. The duo reported that through the venture, Schell Brothers will have… Read More

March 22, 2021 @ 11:08 pm By Omar Faridi  |  

Google (Nasdaq:GOOGL) is reportedly planning to spend $7 billion on real estate this year, mainly in the form of office space and data centers. During 2020, the tech giant had put its real estate spending plans on hold as the COVID-19 pandemic weighed on the… Read More

March 21, 2021 @ 10:24 pm By Omar Faridi  |  

  Milind Mehere, founder and CEO of YieldStreet, a digital wealth management platform that aims to transform the way financial products are delivered and how wealth is created, notes that the world had to deal with major challenges during last year’s “roller coaster ride” due… Read More